News and Information from Bond Buyer

Banks failed to convince the court that the lawsuit doesn't meet the legal hurdles for a false claims action.

Nicole Gelinas from the Manhattan Institute discusses the economic blows to New York City and the MTA from the pandemic, and options available. Paul Burton hosts the program, recorded one week ago.

A more measured tone settled in on Monday as new deals begin to price in a coronavirus-weary marketplace. Municipal credit is beginning to come into focus.

Actions by the Fed and the passage of the CARES Act have served to calm the markets to a large degree during the recent choppiness. These actions will ease the way for some deals to come to market this week.

After seven months of surplus revenue, Arkansas seeks to avoid a deficit due to coronavirus fallout.

Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.

The firm will pre-qualify competitive sales to make sure they meet the ICMA’s green or social bond principles.

NABL suggested that the federal government be allowed to purchase new issues of tax-exempt bonds.

AA-rated Las Vegas saw its outlook revised to negative by S&P Global Ratings with casinos shuttered and visitors absent.

While experts predict rates will not stay at zero lower bound as long as after the financial crisis, they don’t see a hike for years.

The group is charged with advising MSRB board members on ways to improve EMMA.

The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.

Bond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.

He is maintaining his full schedule and working at home, authority officials said.

The Oversight Board has asked for delays concerning non-central government bonds.

The municipal bond market is poised to begin digesting larger primary issuance in the coming week after a massive rally in recent days.

The operators of the venue argue that COVID-19's economic impact makes a $400 million expansion all the more important.

Supply-starved investors flocked to the St. Louis-based private university's taxable deal, which was upsized to $450 million from $300 million.

The state treasurer’s office began purchasing eligible VRDOs from participating Ohio health care systems and other critically important institutions.

Speaker Nancy Pelosi, D-Calif., said the next package will make up for shortcomings that haven’t been addressed such as the insufficient aid to state and local governments.